KomeriLtd Full Year 2024 Earnings: In Line With Expectations

KomeriLtd (TSE:8218) Full Year 2024 Results

Key Financial Results

• Revenue: JP¥370.8b (down 2.3% from FY 2023).
• Net income: JP¥13.7b (down 20% from FY 2023).
• Profit margin: 3.7% (down from 4.5% in FY 2023). The decrease in margin was driven by lower revenue.
• EPS: JP¥286 (down from JP¥352 in FY 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

KomeriLtd Meets Expectations

Revenue was in line with analyst estimates. Earnings per share (EPS) was also in line with analyst expectations.

Looking ahead, revenue is forecast to grow 1.9% p.a. on average during the next 2 years, compared to a 6.8% growth forecast for the Specialty Retail industry in Japan.

Performance of the Japanese Specialty Retail industry.

The company's shares are up 13% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. We've done some analysis and you can see our take on KomeriLtd's balance sheet.

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